Vertical integration aims to streamline operations within the steel plant
Romania’s Competition Council has approved the acquisition of Phoenix Slag Services S.R.L. by Liberty Galați S.A., the country’s largest integrated steel producer, according to an official announcement. The transaction is part of Liberty Galați’s court-approved restructuring plan, which seeks to optimize production flows by internalising key auxiliary services.
Phoenix Slag Services operates exclusively on the Liberty Galați industrial platform, providing industrial cleaning, slag processing and pig iron evacuation services, with Liberty as its main client.
Read full article here: turnovernews.com
Read also: European Commission clears Tata Motors’ acquisition of Iveco
Photo: EVZ
UK
IT
ES
DE
FR
RO
PT
HU
